NOT LISTED FOR SALE

16859 Lake Rd Spring Lake, MI 49456

Estimated Value: $775,000 - $1,150,000

3 Beds
5 Baths
-- Sq Ft
1970 Built

Last Sold March 12, 2021

Last sale price $475,000

Est. 97% increase in value since last sale

Current estimated payment $6,086/month

17 Days on Market

Highlights

  • Private Waterfront
  • Docks
  • Wooded Lot
  • Lake Hills Elementary School Rated A
  • Barn
  • Traditional Architecture

About This Home

As of March 2021

Attention builders, developers, investors, and flippers. Walkout gutted home w/50' frontage on Spring Lake. 2 docks, 2 additional large lots across street 1 w/30x40 barn w/loft potentially livable. Potentially give easement for water frontage + build 2-3 homes across street?? Seller has blue prints for proposed home. Seller has soil erosion permit thru fall 2021. Cement seawall. Back lots have Royal Drive access too.

Last Listed By

Tony Lewis

RE/MAX of Grand Rapids (FH) License #6501242774 Listed on: 01/29/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,642

Year Built

  • Built in 1970

Lot Details

  • Private Waterfront
  • 50 Feet of Waterfront
  • Level Lot
  • Wooded Lot
  • Property is zoned RG1, RG1

Parking

  • 5 Car Garage
  • Garage Door Opener

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Wood Burning Fireplace
  • Family Room with Fireplace
  • Water Views
  • Walk-Out Basement

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Additional Features

  • Docks
  • Barn

Community Details

  • Recreational Area

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,642

Year Built

Built in 1970

Lot Details

0

Parking

5

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • Stories: 2
  • Year Built: 1970
  • ResoPropertyType: Residential
  • Architectural Style:Traditional: Yes
  • Other Structures:Barn: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Broadband, Garage Door Opener
  • Fireplace Features: Family Room, Wood Burning
  • Fireplace: Yes
  • Fireplaces: 1
  • Basement: Walk-Out Access
  • Fireplace:Family: Yes
  • Fireplace:Wood Burning: Yes

Exterior Features

  • Construction Materials: Brick, Vinyl Siding
  • List Price: 575000.0
  • Lot Features: Level, Recreational, Wooded
  • Other Structures: Barn(s)
  • Road Surface Type: Paved
  • Roof: Composition
  • Water Body Name: Spring Lake
  • Waterfront Features: Lake
  • Waterfront: Yes
  • Access Feat:Accessibility Features2: No
  • Driveway Paved: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 5.0
  • Garage: Yes
  • Parking Features: Detached, Attached
  • Additional Items:Garage Door Opener: Yes
  • Parking Features:Detached2: Yes
  • General Property Info:Garage Spaces: 5.0

Utilities

  • Heating: Forced Air
  • Heating: Yes
  • Sewer: Public
  • Utilities: Phone Available, Natural Gas Available, Cable Available, Natural Gas Connected
  • Water Source: Public

Association/Amenities

  • Water Fea Amenities:All Sports: Yes
  • Water Fea Amenities:Private Frontage: Yes
  • Water Fea Amenities:View: Yes
  • Water Fea Amenities:Dock: Yes

Lot Info

  • Lot Size Area: 1.0
  • Lot Dimensions: 50x163x47x174 & 2 lots see com
  • Lot Size Sq Ft: 1.0
  • Zoning Description: RG1
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 5642.0
  • Tax Year: 20

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 29, 2021
Closed on
Mar 12, 2021
Sold by
Christensen Steven O
Bought by
Setterbo Mark and Setterbo Lynn
Seller's Agent
Tony Lewis
RE/MAX of Grand Rapids (FH)
Buyer's Agent
Brian Klingel
Coldwell Banker Woodland Schmidt Grand Haven
List Price
$575,000
Sold Price
$475,000
Premium/Discount to List
-$100,000
-17.39%
Total Days on Market
17
Current Estimated Value
$935,039

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$460,039
Avg. Annual Appreciation
16.46%

Purchase Details

Listed on
Sep 21, 2015
Closed on
Jul 1, 2016
Sold by
Brown Nancy
Bought by
Christensen Steven O
Seller's Agent
Jon Perog
PMC Real Estate
Buyer's Agent
WMLAR Non Member
WMLAR NON MEMBER
List Price
$499,000
Sold Price
$370,000
Premium/Discount to List
-$129,000
-25.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.46%

Purchase Details

Closed on
Apr 28, 2008
Sold by
Bosch Jerry A and Bosch Linda L
Bought by
Bosch Jerry A and Bosch Linda L

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Setterbo Mark $475,000 None Available
Christensen Steven O $370,000 Midstate Title Agency Llc
Bosch Jerry A -- None Available
Bosch Jerry A -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Setterbo Mark $700,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/12/2021 03/12/21 Sold $475,000 -17.4% --
02/15/2021 02/15/21 Pending -- -- --
01/29/2021 01/29/21 For Sale $575,000 +55.4% --
07/01/2016 07/01/16 Sold $370,000 -25.9% $145 / Sq Ft
07/01/2016 07/01/16 Pending -- -- --
09/21/2015 09/21/15 For Sale $499,000 -- $195 / Sq Ft
Source: Southwestern Michigan Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $10,221 $455,800 $0 $0
2023 $12,242 $276,700 $0 $0
2022 $9,505 $182,300 $0 $0
2021 $6,801 $158,400 $0 $0
2020 $4,288 $157,700 $0 $0
2019 $4,196 $135,700 $0 $0
2018 $7,476 $125,900 $67,500 $58,400
2017 -- $127,200 $0 $0
2016 -- $116,900 $0 $0
2015 -- $116,000 $0 $0
2014 -- $100,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 21002886

Southwestern Michigan Association of REALTORS®

APN: 70-03-16-226-024